VTB Plans to Obtain Crypto Licenses After Russia’s Digital Currency Law Takes Effect
Russia's VTB bank intends to apply for crypto licenses from the central bank once the digital currency regulation law is enacted, according to board member Vitaliy Sergeychuk.
VTBR
VTB, one of Russia's largest banks, plans to obtain the necessary licenses from the Bank of Russia to work with cryptocurrencies after the relevant law on digital currency regulation comes into force. This was stated by board member Vitaliy Sergeychuk at the St. Petersburg International Economic Forum (PMEF).
The move indicates that VTB is preparing to operate within a regulated crypto framework in Russia, aligning with the upcoming legal changes for digital assets.
Source: MarketTwits